Tuesday, November 03, 2009

It's the economy (November 3, 2009)

GM pulls the rug out from under Frank Stronach, 40 billion pounds for Britain's banks and Warren's working with the railroad, some of the items of note for Tuesday.

Globe and Mail-- GM scuttles Magna's deal for Opel
Globe and Mail-- U.S. banks set for a pay bonanza
Globe and Mail-- Gold surges to new record
National Post-- TSX up as gold prices surge to new highs
National Post-- Budget watchdog says funding too low to do job
National Post-- Outstanding CEO: The builders' builder
Vancouver Sun-- Higher home sales, smaller inventories posted in Vancouver for October
Vancouver Sun-- Fewer new job postings in October, says CareerAim
New York Times-- Lack of Paid Sick Days May Worsen Flu Pandemic
New York Times-- Stocks End Mixed on World Economic Concerns
New York Times-- Sales Rise at G.M. and Ford, but Fall at Chrysler
USA Today-- J&J to cut up to 8,000 jobs as part of cost-saving move
USA Today-- Buffett's Berkshire buys Burlington Northern railroad
Times online UK-- UK manufacturing boosts hope that Britain will come out of recession
Times online UK-- Banks defer bonuses in return for extra £40 billion
Times online UK-- HSBC to axe 1,700 jobs in new blow to UK banking
Guardian UK online-- Darling defends bank reforms and £39bn infusion as good value
Guardian UK online-- HSBC cuts 1,700 jobs
Telegraph UK online-- Buffett gambles £27bn on rail to get back on track
Telegraph UK online-- This smorgasbord of banking announcements just looks a terrible mess
Telegraph UK online-- Brussels is unlikely to get the results it wants from bank disposals
Victoria Herald Sun-- Rio pushes hard on joint venture
Victoria Herald Sun-- Myer shares rebound after dismal debut
Brisbane Times-- Stocks held back by banks
Brisbane Times-- On the road to Kosciuszko
Sydney Morning Herald-- Has Myer ruined the game for everyone else?
Sydney Morning Herald-- Numbers just don't add up
Sydney Morning Herald-- The step backwards
People's Daily on line-- China's economic growth to exceed 10% in Q4: China Construction Bank
People's Daily on line-- Rio Tinto softens stance on ore talks
The Times of India-- Gold returns to near record high as dollar drops
The Times of India-- Industry set to add new jobs in Oct-Dec

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